Om Infra Limited Emerges as Lowest Bidder for Rs. 482.27 Crores Water Resource Project in Rajasthan
Om Infra Limited has secured the position of the Lowest Bidder (L1) for a significant water resource project in Rajasthan. The project, initiated by the Water Resource Department (WRD), Rajasthan, involves a major EPC Turnkey contract for the construction of a dam and the development of a pressurized irrigation network under the Andheri Medium Irrigation Project in the Baran District.The scope of the work includes the survey, design, construction, operation, and maintenance of the dam and the piped network canal system. The project is designed to irrigate the command area of the Andheri Medium Irrigation Project located in Tehsil Chhabra, District Baran.
Project Financials and Status
| Detail | Description |
|---|---|
| Project Name | Andheri Medium Irrigation Project |
| Awarding Authority | Water Resource Department (WRD), Rajasthan |
| Project Value | Rs. 482.27 Crores |
| Current Status | L1 Bidder |
The official Letter of Intent (LOI) for the project is currently subject to the completion of internal processes and procedures by the Water Resource Department.
Project Scope and Impact
The infrastructure project will involve the implementation of pressurized distribution, solar power, and SCADA automation. According to company leadership, the initiative aims to provide efficient and sustainable water management for approximately 10,000 hectares of farmland in Rajasthan.
Management stated that being declared the lowest bidder for this modern irrigation infrastructure project highlights the execution capabilities of Om Infra Limited in complex civil engineering, dam works, hydro-mechanical works, and advanced micro-irrigation systems. The company is awaiting the formal Letter of Intent to begin the execution phase of the project.
OMINFRAL Stock Price Movement
OM INFRA LIMITED shares edged higher today to settle at ₹87.85, gaining 1.29% in post-market trading. The stock saw a turnover of 2.32 million shares as it moved from a session low of ₹85.92.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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